The global annual crude steel production is forecasted 2 billion tons in 2022. The steel industry is estimated $2.5 trillion market, the use of fossil fuels means that the average CO2 emissions from steel production is about 1.85 tonnes CO2 per tonne. The steel produced in 2022 is projected to produce 3.7 billion tons of CO2 .
Business taking a lead on climate change will not only make a direct contribution to emissions reduction, but will have the credibility and standing to invite staff, customers and suppliers to follow them, based on what they do, what they have pioneered, or the products and services they offer. It is these companies, recognizing the synergies between cutting GHG emissions and increased productivity and revenue, that will be the new future in business.
Albanian Minerals CEO Sahit Muja said, “The world’s mining remains energy intensive, most every process consumes fossil fuels and the demand for minerals continues to increase as they are vital to global developments, infrastructure, batteries, chips and devices powering the emerging energy transition, which continues to be on the stage of new revolution. Albanian Minerals is adapting to new environmental, social and policies, in a push to find more sustainable mining solutions to meet this growing demand by leading a revolution and driving toward carbon neutrality and sustainable mining”.
Albanian Minerals continues its efforts in developing solutions to reduce fuel consumption, and the resulting carbon dioxide emissions, in its mining equipment while continuing to research and develop cleaner technologies.
SSAB has now produced the world’s first fossil-free steel and delivered it to a customer. The trial delivery is an important step on the way to a completely fossil-free value chain for iron- and steelmaking and a milestone in the HYBRIT partnership between SSAB, LKAB and Vattenfall.
In 2022, SSAB Oxelösund rolled the first steel produced using HYBRIT technology, i.e., reduced by 100% fossil-free hydrogen instead of coal and coke, with good results. The steel is now being delivered to the first customer, the Volvo Group.
“The first fossil-free steel in the world is not only a breakthrough for SSAB, it represents proof that it’s possible to make the transition and significantly reduce the global carbon footprint of the steel industry. We hope that this will inspire others to also want to speed up the green transition,” says Martin Lindqvist, President and CEO of SSAB.
“Industry and especially the steel industry create large emissions but are also an important part of the solution. To drive the transition and become the world’s first fossil-free welfare state, collaboration between business, universities and the public sector is crucial. The work done by SSAB, LKAB and Vattenfall within the framework of HYBRIT drives the development of the entire industry and is an international model”, says Minister of Trade and Industry of Sweden Ibrahim Baylan.
“It’s a crucial milestone and an important step towards creating a completely fossil-free value chain from mine to finished steel. We’ve now shown together that it’s possible, and the journey continues. By industrializing this technology in the future and making the transition to the production of sponge iron on an industrial scale, we will enable the steel industry to make the transition. This is the greatest thing we can do together for the climate,” says Jan Moström, President and CEO of LKAB.“It’s very pleasing that the HYBRIT partnership is once more taking an important step forward and that SSAB can now produce the first fossil-free steel and deliver to the customer. This shows how partnerships and collaboration can contribute to reducing emissions and building competitiveness for industries. Electrification is contributing to making fossil-free living possible within one generation,” says Anna Borg, President and CEO of Vattenfall.
Albanian Minerals CEO Sahit Muja said, “The most basic solution for air pollution is to move away from fossil fuels, replacing them with alternative green energies like hydro, solar, wind and geothermal. Producing clean energy is crucial”.
Mr. Muja said “One of the greatest help against pollution and a major breakthrough is iron ore pelleting with green magnesium olivine. Iron ore pellets offer a substantial benefits to steel producers Iron pellets save 30% of the energy, lower the cost of production, no pollution in ships, trucks, roads. Iron pellets improved productivity per cubic meter of blast furnace.
Olivine iron ore pellets lower emissions and dust compared to sinter. Reduced requirement of coking coal. Improved handling and transportation, Reduced loss of product. Mitigation of particle crushing and subsequent blocking of the furnace . Better in-furnace performance .
Iron ore pellets secret ingredient is magnesium olivine and limited amount of bentonite to bind the pellets.
Magnesium is the greatest solution against climate change and ocean acidification. It’s a nature’s way of turning carbon dioxide into nutrition and rock using mineral Olivine.
Hundreds of researches worldwide has proven that mineral magnesium olivine can capture CO2 and heal the planet.
Albanian Minerals holds the world’s largest magnesium olivine reserves and the finest quality in the planet. This magnesium in are mine is making a significant iron ore pellets that will benefit the global economy and reduce pollution”.
Sahit Muja added that; The Climate change is defining crisis of our time . Entire global populations is already suffering the impacts resulting from the increasing intensity and frequency of extreme weather events, fires, heavy rainfall, record droughts, desertification, environmental degradation.
According to the world’s leader in finest quality steel making SSAB, company has now produced the world’s first fossil-free steel from LKAB iron and delivered it to a customer. LKAB uses magnesium olivine and produces the finest iron ore pellets in the world.
The trial delivery is an important step on the way to a completely fossil-free value chain for iron and steelmaking and a milestone in the HYBRIT partnership between Swedish great companies SSAB, LKAB and Vattenfall
